SERVICED OFFICES: Friend or Foe?
The first Serviced Office company was incorporated in the UK in 1966 as Omni Offices Limited. The original business model was one of flexible opportunity for the small to medium sized enterprise sector (SME). However, historical evidence in Singapore suggests that original symbiotic comfort that serviced offices could potentially provide has turned rather parasitic into a, ‘David vs Goliath’ attack on our SME. Our research has shown that Serviced Offices may have turned from helping hand to a wolf in sheep’s clothing.
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